Meaning ● Adaptive Business Networks (ABNs) represent a dynamic organizational structure enabling Small and Medium-sized Businesses (SMBs) to rapidly adjust to market changes through strategic alliances and technology integration. ABNs empower SMBs to automate key processes, fostering scalability and operational efficiency within their specific business growth trajectory. This approach leverages shared resources and collaborative partnerships to implement innovative solutions beyond the capabilities of individual entities. ● Embracing an ABN framework helps SMBs navigate volatile markets by accessing specialized skills and reducing capital expenditure risks associated with expansion. Ultimately, ABNs position SMBs to compete effectively by promoting agility, resource optimization, and collaborative innovation to achieve sustainable business goals. Forming an Adaptive Business Network for any SMB can allow it to access larger markets it could never reach alone.
